Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.22 per $10,000 · paid last 24h −0.039%
Price spread now: Arcus against Injective−0.154%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Arcus is 0.154% cheaper against Injective than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVDA/USDC PERP227.890.0220pay 0.0028% / 1h49m 52s$73K$13530x
ShortArcus NVDA-USD227.540.0040get 0.0005% / 1h49m 52s$400K$724K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$37.74
Price spread: −0.154% → 0.000%
−$15.36
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$57.62
Costs to cover
0.045%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Arcus: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Arcus live order book, 24 min ago1.10 bp3.4 bp −$33.4 bp −$34doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT0.0000%8h227.62−0.118%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.78−0.048%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.77−0.053%$14.4M$20.7M50xas long as short
Gate NVDA_USDT0.0000%8h227.72−0.075%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.71−0.079%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.66−0.101%$20K$406K10xas long as short
SunX NVDA-USDT0.0000%8h227.32−0.250%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.48−0.180%$197K$516K30xas long as short
Phemex NVDAUSDT0.0000%4h227.75−0.061%$2.2M$42K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0014%1h227.70−0.083%$49K$1.4M10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0015%1h227.57−0.139%$118K$56K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.60−0.127%$535K$447K10xas long as short
Bitget NVDAUSDT+0.0035%8h227.82−0.031%$15.5M$17.1M100xas long as short
Binance NVDAUSDT+0.0037%8h227.80−0.039%$156.5M$218.7M50xas long as short
Arcus NVDA-USDshort+0.0040%1h227.54−0.154%$400K$724K20x
QFEX NVDA-USD+0.0042%1h227.70−0.083%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.86−0.013%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.64−0.110%$148.0M$46.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.70−0.083%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.62−0.118%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.46−0.189%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0055%1h227.65−0.106%$484K$229K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.46−0.189%$1.3M$823K10xas long as short
Aevo NVDA-PERP+0.0088%1h227.72−0.077%10xas long as short
Pacifica NVDA+0.0100%1h227.58−0.136%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.54−0.154%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.74−0.066%$36K$22K20xas long as short
Phoenix NVDA+0.0106%1h227.65−0.105%$94K$112K20xas long as short
Lighter NVDA+0.0112%1h227.80−0.039%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0118%8h227.72−0.075%$1.6M$743K20xas long as short
Lighter RH NVDA+0.0120%1h227.91+0.009%$5.1M$7.1M20xas long as short
BloFin NVDA-USDT+0.0146%8h227.77−0.053%$714K$205K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h227.89long leg$73K$13530x
Hotstuff NVDA-PERP+0.0296%1h227.60−0.127%$35K20xas long as short
edgeX NVDAUSDC+0.0364%4h227.63−0.114%$170K$1.9M20xas long as short